NYSEARCA:SOYB - NYSE Arca - US88166A6073 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to SOYB. In the past year, SOYB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
SOYB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.89, a Stop Loss order could be placed below this zone.
20.52
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SOYB is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOYB is neutral. |
ChartMill Relative Strength | 32 | NEUTRAL | SOYB is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOYB is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOYB is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOYB is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.27 | NEUTRAL | The RSI value for SOYB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SOYB has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 57.93 | NEUTRAL | The Stochastics value for SOYB is a neutral value. |
Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for SOYB suggests low volalility. |
Average Directional Index/ADX (14) | 13.35 | NEGATIVE | The low ADX value for SOYB suggests a weak or negative trend. |
NYSEARCA:SOYB (6/6/2025, 8:04:00 PM)
21.99
+0.18 (+0.83%)